STOCK TITAN

Smithfield Foods (SFD) grants stock options and RSUs to senior executive

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SMITHFIELD FOODS INC President, North America Pork, Owens Donovan received equity-based compensation on March 10, 2026. He was granted 78,637 shares of Common Stock as restricted stock units that vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to continued service.

He was also granted stock options for 209,409 shares of Common Stock at an exercise price of $23.76 per share, expiring March 10, 2036, which vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. Following these grants, he directly holds 155,637 shares of Common Stock and 602,306 stock options.

Positive

  • None.

Negative

  • None.
Insider Owens Donovan
Role President, North America Pork
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 209,409 $0.00 --
Grant/Award Common Stock 78,637 $0.00 --
Holdings After Transaction: Stock Option (Right to Buy) — 602,306 shares (Direct); Common Stock — 155,637 shares (Direct)
Footnotes (1)
  1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates. The stock option shall vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Owens Donovan

(Last) (First) (Middle)
C/O SMITHFIELD FOODS, INC.
200 COMMERCE STREET

(Street)
SMITHFIELD VA 23430

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SMITHFIELD FOODS INC [ SFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, North America Pork
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/10/2026 A 78,637(1) A $0 155,637 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $23.76 03/10/2026 A 209,409 (2) 03/10/2036 Common Stock 209,409 $0 602,306 D
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates.
2. The stock option shall vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates.
Remarks:
/s/ David Coleman, as Attorney-in-Fact 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Smithfield Foods (SFD) report for Owens Donovan?

Owens Donovan received equity grants on March 10, 2026, including stock options and restricted stock units. These awards are compensation-based acquisitions, not open-market purchases or sales, and are subject to multi‑year vesting tied to his continued service with Smithfield Foods.

How many Smithfield Foods (SFD) stock options were granted to Owens Donovan?

Owens Donovan was granted 209,409 stock options for Smithfield Foods Common Stock at an exercise price of $23.76 per share. The options vest in three equal annual installments and are scheduled to expire on March 10, 2036, assuming continuous service.

What restricted stock units did Owens Donovan receive from Smithfield Foods (SFD)?

He received 78,637 restricted stock units, each representing one share of Smithfield Foods Common Stock. The RSUs vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on his continued service with the company.

What are Owens Donovan’s Smithfield Foods (SFD) share holdings after these grants?

After the March 10, 2026 awards, Owens Donovan directly holds 155,637 shares of Smithfield Foods Common Stock. He also directly holds 602,306 stock options in total, reflecting his equity-based compensation position with the company following these reported transactions.

Is the Smithfield Foods (SFD) Form 4 transaction a stock purchase or sale?

The Form 4 shows compensation-related grants, not market trades. Owens Donovan acquired restricted stock units and stock options as awards, with no cash purchase or open-market sale, and vesting depends on his continued employment with Smithfield Foods over several years.

When do Owens Donovan’s new Smithfield Foods (SFD) equity awards vest and expire?

The RSUs and stock options each vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. The stock options carry an expiration date of March 10, 2036, providing a long-term exercise window.